accy201 at Ole Miss
Hey, check it out, this is the first video of Chapter 1: The Accounting Equation. It's thrilling. You're going to love it!

Hello there, I'm Aaron. I designed and coded this site, recorded all these videos, and wrote all the practice problems. I got my Undergrad and Master's in Accounting and then went on to get my CPA License (exciting, right?). I worked at Ernst and Young for about a year but never really loved it, so I quit and became a programmer. I do love accounting though, and I love teaching it, which is why I made this site. Please feel free to reach out to me if you ever have any questions!

A couple of bits of info about the site:

  • I've recorded 84 videos, which means you get 845 minutes of accounting (lucky you)
  • There are 70 practice problems right now, and I'm always adding more.
  • Those problems & videos cover all 11 chapters of Accy 201.
  • You can email me anytime at [email protected].

The Whole Class All of the Videos

    Chapter 1
    Introduction to Accounting

  1. The Accounting Equation

    3:02

  2. Assets vs Liabilities

    5:32

  3. Shareholder's Equity

    5:26

  4. The Balance Sheet

    5:52

  5. The Statement of Retained Earnings

    5:51

  6. The Income Statement

    6:19

  7. The Statement of Cash Flows

    6:02

  8. How the Statements Work Together

    9:02
    9. There are 5 practice problems in this chapter.
    Thank you so much for the videos you put together. They are a tremendous help and I really appreciate all that you do!
    — Conner, Fall 2015

    Chapter 2
    Recording Transactions

  9. Current Assets

    9:57

  10. Non-Current Assets

    10:25

  11. Current Liabilities

    6:24

  12. Non-Current Liabilites

    2:00

  13. Contributed Capital

    5:10

  14. The Classified Balance Sheet

    4:48

  15. Retained Earnings vs Shareholder's Equity

    6:41

  16. T-Accounts

    3:15

  17. Debits and Credits

    6:49

  18. Determining Normal Balances For Assets & Liabilities

    10:04

  19. Determining Normal Balance for Shareholder's Equity

    11:53

  20. Normal Balance Shortcut: Double Entry

    11:51

  21. Normal Balance Shortcut: DEAD Mnemonic

    2:36

  22. The Journal, Ledger, Trial Balance

    14:00
    23. There are 13 practice problems in this chapter.
    Your site was a great crash course for procrastinators like me, and watching your videos at 2x speed along with my lectures was enough to do well on the exam.
    — Nathan, Fall 2019

    Chapter 3
    Adjusting Accounts

  23. Cash vs. Accrual Accounting

    7:21

  24. Expense Recognition

    8:07

  25. Accruals and Deferrals

    15:07

  26. What is an Adjusting Entry?

    4:11

  27. Adjusting Entry: Supplies

    1:54

  28. Adjusting Entry: Wages

    4:52

  29. Adjusting Entry: Unearned Revenue

    2:11

  30. Adjusting Entry: Interest

    2:03

  31. Contra-accounts

    4:40

  32. Depreciation

    7:10

  33. The Closing Process

    10:37
    34. There are 18 practice problems in this chapter.
    Thanks for making this site, it came in clutch for every exam.
    — Lane, Spring 2016

    Chapter 4
    Merchandising Firms

  34. COGS and Inventory

    2:57

  35. Net Sales

    10:03

  36. Perpetual vs Periodic

    7:10

  37. Drawbacks to Periodic

    6:07

  38. FOB Shipping?

    8:51

  39. Transportation In

    8:41

  40. COGS

    6:18

  41. The Multistep Income Statement

    12:44

  42. Gross Profit vs Net Profit

    6:15

  43. Profit Margin

    3:22
    44. There are 7 practice problems in this chapter.
    Thank you so much for your website and for the time and effort that you put into it. It has been a huge help.
    — Josh, Spring 2018

    Chapter 5
    Inventories

  44. Specific Identification

    2:17

  45. Weighted Average

    4:21

  46. FIFO and LIFO

    20:17

  47. Estimating with Gross Profit

    7:23
    48. There are 2 practice problems in this chapter.
    So far, your content is looking to be fantastic for strengthening my understanding of accounting concepts. Your video of perpetual and periodic inventory was very helpful.
    — Eric, Fall 2017

    Chapter 6
    Cash and Bank Reconciliations

  48. Cash and Cash Equivalents

    7:52

  49. Bank Reconciliations: What and Why

    9:38

  50. Bank Reconciliations: How

    20:57

  51. Debit and Credit Memos

    5:21

  52. Fixing Mistakes in Bank Recs

    8:32
    53. There are 2 practice problems in this chapter.
    I stopped going to class when I found out about your website. You offered a clearer way of communicating accounting and I appreciate that.
    — Colton, Fall 2018

    Chapter 7
    Accounts Receivable and Bad Debts

  53. A/R and Bad Debts Introduction

    7:09

  54. Direct Method

    4:15

  55. The Allowance Method

    8:56

  56. Income Statement vs Balance Sheet Methods

    13:14

  57. Net Credit Sales

    5:20

  58. Write Offs and Reinstatements

    8:26

  59. Notes Receivable

    11:27
    60. There are 4 practice problems in this chapter.
    I slacked a bit this unit, didn’t read the book, just went to lectures and took notes, and did the required quizzes. I ended up having to cram over the last two days before the test and your site has been tremendously helpful with that.
    — Oakley, Fall 2017

    Chapter 8
    Long Term Assets

  60. Acquisition Cost of Assets

    13:23

  61. Lump Sum Purchases

    6:01

  62. What is Depreciation?

    11:23

  63. Straight Line Depreciation

    4:33

  64. Double Declining Balance

    13:58

  65. Units of Production

    3:43

  66. Partial Year Depreciation

    5:50

  67. Capital vs. Revenue Expenditures

    10:42
    68. There are 5 practice problems in this chapter.
    Your site is the reason I did so well in accounting! I wish I had something like that for my economics classes! Good work!
    — Katie C., Spring 2016

    Chapter 9
    Current Liabilities

  68. Interest Bearing Notes

    8:26

  69. Contingencies

    5:58
    70. There are 3 practice problems in this chapter.
    I was crying outside the classroom about my grade and a stranger walked up and told me to watch these videos.
    — Anonymous, Fall 2018

    Chapter 10
    Long Term Liabilities

  70. Intro to Bonds

    10:04

  71. Discounts and Premiums

    7:34

  72. Selling at a Discount

    7:15

  73. Selling for a Premium

    8:11

  74. Amortization

    21:42

  75. Borrowing Cost

    6:33

  76. Interacting with Market Rates

    5:30

  77. Retiring Bonds

    9:54
    78. There are 5 practice problems in this chapter.
    I could not have finished this course without your help. I really appreciate how concise you are with your words and how you take the time to create clear visuals when explaining concepts.
    — Emma, Fall 2016

    Chapter 11
    Capital Stock

  78. Shareholder's Equity

    5:12

  79. Stock Classifications

    4:19

  80. Issuance of Stock

    6:37

  81. Treasury Stock

    11:11

  82. Cash Dividends

    9:58

  83. The Effect of Cash Dividends

    6:08

  84. Stock Dividends

    13:48
    85. There are 6 practice problems in this chapter.
    You are awesome, and I so wish I would have found you at the beginning of the semester
    — Katie K., Spring 2016